While GM hadn't said much about its electric-vehicle plans before today, it has been clear for a while that the General has been working on a path to an all- or mostly electric future.
General Motors will introduce 20 new all-electric vehicles by 2023, with two being introduced for the 2019 model year.
GM also introduced SURUS-the Silent Utility Rover Universal Superstructure-a fuel cell powered, four-wheel steer concept vehicle on a heavy-duty truck frame that's driven by two electric motors.
Perhaps Reuss had already seen September's sales figure for the Chevrolet Bolt EV, the first battery-electric vehicle to go on sale with more than 200 miles of range at a price of less than $40,000.
GM plans to deploy a "multi-use" strategy that will facilitate greater use of electric vehicles, Fletcher said.
Meanwhile, GM is looking to multiple interpretations of all-electric, and not all of them will involve plugging a vehicle into an outlet. Market leader Maruti Suzuki has planned to produce electric cars at its Gujarat plant for supplying both Indian and world markets.
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The two of them worked at the Henry County Medical Center in Paris, Tennessee, he as a nurse, she as an orthopedic surgeon. Romero-Muniz, a grandmother, worked as a discipline secretary at Hiroshi Miyamura High School in Gallup, N.M.
Reuss said that GM's electric vehicle program will be profitable. They will be the first of at least 20 new all-electric vehicles that will launch by 2023. The company has demonstrated this by rolling out its all-electric Chevy Bolt EV and making progress on fully self-driving cars through its acquisition of Cruise Automation and the creation of its Maven ride-hailing and ride-sharing brand.
Refueling infrastructure for hydrogen-powered cars is nonexistent outside of California, and it's rare even there.
GM's announcement is part of a broader push by automakers worldwide to transition their production toward all-electric vehicles and away from internal combustion engine cars.
It was only 5 years ago when electric cars were thought of as mere curiosities that would take decades to go mainstream. GM and Ford are now minting profits in the US with fuel-thirsty pickup trucks and sport-utility vehicles that consumers find enticing amid low gasoline prices. Last year, electric vehicle sales accounted for just one percent of total sales in the U.S. The Indian auto maker has even signed an agreement with Ford Motors, of which electrification is a crucial aspect. Automakers have long touted the long range and fast-fueling benefits of hydrogen over battery power.
The auto makers are investing billions of dollars in electric vehicles despite challenges turning a profit on them due to expensive technology costs that increase vehicle prices, and tepid consumer demand.
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